A.M. Best's Lee: Northeast Asian Countries Face Different Challenges

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Christie Lee, director of analytics, A.M. Best, said insurers in Japan are dealing with catastrophes, insurers in Korea are dealing with regulatory and accounting changes, and insurers in China are wrestling with tight underwriting margins.

 

Peak Re's Hahn: Mutuals and Cooperatives Account for Surprising Share of Business

Franz Josef Hahn, CEO, Peak Re, said mutual and cooperative insurers have a strong presence in the U.S. and Europe, and are an emerging force in China.

 

Munich Re's Pohlchristoph: Busy Cat Year in Asia Should Affect Pricing

Hermann Pohlchristoph, board member for Asia Pacific, Munich Re, said the global reinsurer has realigned its organization to better match regions of the world.

 

Swiss Re's Ryan: Sensor Tech Changes Insurance Paradigm

Daniel Ryan, Managing Director and Head Insurance Risk Research, Swiss Re Institute, said the explosive growth of sensor technology means that insurers and reinsurers will increasingly be in the business of detecting and preventing risk.

 

RMS' Araga: Risk Management, Reinsurance Key to Controlling Cat Losses in Japan

Yasunori Araga, Japan President and Representative Director, RMS, said the modeler is focusing on upgrading flood, earthquake and related models to better reflect Japan's catastrophic risks.

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